Or as Mark Miller asks in his article– What’s the match?
According to Financial Engines, an average of $42,885 is left in the table due to not contributing enough to take the full match employers have to offer. Over a 20 year period, the average number of workers who don’t max out 401k matching broke down as follows:
42% of participants earning under $40,000.
10% of participants earning over $100,000.
30% of younger workers
16% Older savers
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